Indonesian Political, Business & Finance News

Former Indonesian VP warns of fuel supply risks amid Middle East conflict escalation

| Source: ANTARA_EN | Energy

“Oil prices will definitely rise — that is certain,” Kalla said in Jakarta on Sunday.

He said any prolonged conflict in the region could disrupt shipping routes, particularly through the Strait of Hormuz, a key corridor for global oil supplies.

“We import a significant portion of our oil from the Middle East. If shipping routes are disrupted, it will affect our economy,” he said.

Kalla also referred to reports of Iranian strikes targeting US military facilities in several Gulf countries, warning that wider regional instability could have ripple effects beyond the Middle East.

He urged the government to anticipate possible fuel shortages should the conflict persist.

“Our fuel reserves last around three weeks on average. After that, we may need to seek alternative supply sources,” he said.

Global tensions escalated after reports of joint US and Israeli military strikes on Iranian targets on February 28, followed by retaliatory attacks. The situation has raised concerns over oil supply security and volatility in global energy markets.

In response to the developments, Indonesia’s Foreign Ministry said President Prabowo Subianto is prepared to support diplomatic efforts aimed at restoring regional stability.

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Translator: Rio Feisal, Tegar Nurfitra

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